£514,698
This estimated value is based upon the latest sale price for the house of £505,000 on 6 May 2022. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Dents Close
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7 Howard Park Corner, Letchworth Garden City, SG6 1PQ
Phone: 01462228746
Price Paid | Date |
---|---|
£505,000 | 6 May 2022 |
£250,000 | 26 Aug 2003 |
Detached |
Leasehold |
Floor Area: 132 sq meters or 1,420 sq feet |
This model uses changes in the Official Land Registry House Price Index for HERTFORDSHIRE to estimate the market value.
When this house was purchased in May 2022 the House Price Index for HERTFORDSHIRE was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £505,000 results in an estimated price of approximately £514,698.
6 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 148.6 | 1.920 % | £505,000 | £9,698 | £514,698 |
The Postcode Pricing Model uses changes in average sales price within the SG6 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | -22.358 % | £-112,909 | £392,090 |
3 Month Average | 19.115 % | £96,532 | £601,532 |
6 Month Average | 7.719 % | £38,982 | £543,982 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £536,864 | £530,000 | 28 KESTREL WALK |
21 Jul 2023 | £542,299 | £535,000 | 8 DENTS CLOSE |
6 May 2022 | £514,698 | £505,000 | 48 FARTHING DRIVE |
4 Oct 2021 | £505,660 | £457,000 | 6 DENTS CLOSE |
23 Sep 2021 | £714,406 | £662,965 | 7 KESTREL WALK |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 17 Aug 2018. Using an estimated price of £514,698 means this house is valued at £3,899 per sq meter (£362 per sq foot).
The average size of a house on FARTHING DRIVE is 127 sq meters (1,373 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Dents Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ennismore Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Milne Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crabtree Dell |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Crabtree Dell |